NIH cutting overhead funding for research at universities

The National Institutes of Health announced late Friday that it will be significantly reducing the amount of money universities can receive for “indirect costs” of research, a move that will take effect next Monday.

In an X post, the NIH said it will cap the indirect cost rate, which is for infrastructure costs such as facilities, maintenance, and security, at 15% for all the universities it gives grants to. That is a decrease from the 30% rate most schools charged the government for and the over 60% rate some Ivy League institutions charged.